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Index Trend Analysis Report
Prepared for you on Sunday, March 26, 2023.
S&P 500 Industrials (Sector) (CME:SP500-20)
Long-Term Downtrend (-90) - SP500-20 is in a strong downtrend that is likely to continue. While SP500-20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SP500-20?
MarketClub looks at technical strength and momentum to determine if the timing is right for SP500-20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SP500-20
The long-term trend has been DOWN since Mar 15th, 2023 at 815.55
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 839.76
The short-term trend has been DOWN since Mar 23rd, 2023 at 819.00
Smart Scan Analysis for SP500-20
Based on our trend formula, SP500-20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 812.23 | 820.94 | 806.33 | 820.48 | +2.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 820.48 | 175955613 | 2023-03-24 17:02:55 |
| 52wk High | 680.89 | 52wk High Date | 2018-01-29 |
| 52wk Low | 563.06 | 52wk Low Date | 2018-10-29 |